SailingStone Capital Partners LLC Sells 10,200 Shares of Materion Corporation $MTRN

SailingStone Capital Partners LLC lessened its stake in Materion Corporation (NYSE:MTRN) by 19.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,322 shares of the basic materials company’s stock after selling 10,200 shares during the quarter. Materion makes up about 1.3% of SailingStone Capital Partners LLC’s holdings, making the stock its 13th largest position. SailingStone Capital Partners LLC’s holdings in Materion were worth $5,261,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Granahan Investment Management LLC lifted its holdings in shares of Materion by 46.6% in the fourth quarter. Granahan Investment Management LLC now owns 138,226 shares of the basic materials company’s stock valued at $17,184,000 after purchasing an additional 43,950 shares in the last quarter. Captrust Financial Advisors bought a new position in shares of Materion in the fourth quarter valued at approximately $248,000. Panagora Asset Management Inc. lifted its holdings in shares of Materion by 33.2% in the fourth quarter. Panagora Asset Management Inc. now owns 44,952 shares of the basic materials company’s stock valued at $5,588,000 after purchasing an additional 11,206 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Materion in the fourth quarter valued at approximately $3,033,000. Finally, Kennedy Capital Management LLC lifted its holdings in shares of Materion by 7.4% in the fourth quarter. Kennedy Capital Management LLC now owns 164,750 shares of the basic materials company’s stock valued at $20,482,000 after purchasing an additional 11,394 shares in the last quarter. Institutional investors own 93.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on MTRN shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Materion in a research report on Wednesday, May 13th. KeyCorp increased their price target on Materion from $223.00 to $237.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Wall Street Zen downgraded Materion from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Finally, Robert W. Baird started coverage on Materion in a research report on Wednesday, April 1st. They set an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $237.00.

Materion Price Performance

Shares of NYSE MTRN opened at $256.13 on Wednesday. The stock has a fifty day simple moving average of $200.35 and a two-hundred day simple moving average of $161.32. Materion Corporation has a 1-year low of $76.09 and a 1-year high of $259.30. The firm has a market cap of $5.33 billion, a price-to-earnings ratio of 69.98 and a beta of 1.08. The company has a current ratio of 3.04, a quick ratio of 1.32 and a debt-to-equity ratio of 0.50.

Materion (NYSE:MTRN) last announced its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.03. Materion had a return on equity of 12.45% and a net margin of 3.99%.The business had revenue of $261.79 million during the quarter, compared to analyst estimates of $479.03 million. During the same period in the prior year, the company earned $1.13 earnings per share. Materion’s revenue was up 30.8% compared to the same quarter last year. Materion has set its FY 2026 guidance at 6.000-6.50 EPS. Analysts anticipate that Materion Corporation will post 6.48 earnings per share for the current year.

Materion Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 28th were issued a $0.145 dividend. The ex-dividend date of this dividend was Thursday, May 28th. This is an increase from Materion’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a dividend yield of 0.2%. Materion’s dividend payout ratio is 15.85%.

Materion Profile

Materion Corporation (NYSE: MTRN) is a global supplier of advanced materials and precision-engineered solutions. The company develops and manufactures high-performance alloys, engineered clad and composite materials, precision thin film products, and advanced optical and electronic materials. Materion’s offerings address critical performance requirements for industries where material properties such as strength, wear resistance, conductivity and optical clarity are paramount.

Materion’s core businesses include beryllium and beryllium composites for aerospace and defense platforms, nickel- and copper-based specialty alloys for industrial and medical applications, optical coatings and substrates for scientific instrumentation, and electronic materials used in semiconductor production.